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Week in Review August 12, 2022

This was a week heavy on economic news, so Greg and Pamela pull out the bits that matter to fresh produce, such as the opportunity in snacking and how consumers are changing their buying patterns.

Grocery inflation reaches record high of 15% in July

Consumers turn to dollar stores, private label to combat inflation

IRI: Consumers respond to rising prices by shopping promotions, value options, and trading down

62% of consumers believe the U.S. is in a recession

July CPI shows food inflation outpaces overall index

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